🔥 RedotPay raises 107 million USD in Series B funding 🔥

💥 RedotPay – a stablecoin-based payment platform headquartered in Hong Kong – has just completed a Series B funding round worth 107 million USD, led by Goodwater Capital, with participation from Pantera Capital, Blockchain Capital, Circle Ventures, and existing investor HSG (former Sequoia China).

📊 Impressive growth

✨ Over 6 million users in 100+ markets

✨ Processing over 10 billion USD in transaction volume annually

✨ Annual revenue ~150 million USD, already profitable

✨ Total capital raised to date approximately 200 million USD, valuation >1 billion USD

💎 Capital utilization goals

The new capital will be used to expand products, enhance legal compliance & licensing, and execute strategic M&A, amidst a strong growth in the stablecoin market following the passage of the GENIUS Act in the US.

🛡 RedotPay is positioning itself as a bridge between stablecoin and real-world payments on a global scale.